![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjHZP5B8Ky23E_IfCI_rJrIFxfXN1KjSLIHt1tL0rFdKLDn-H3yfWNwiA_fQ5PLwejx1wt0drx3rays0tv36PW2dcDqv_Sq-M7iYKRuTYGgJONjGqsCuvp8uI711wyk3PY7IZ9Nk1uRYlY/s640/NFLX+WEEKLY+FIBS.png)
- Netflix daily chart shows a bullish engulfing pattern But price continues to trade in a range. Price must breakout of the range for the engulfing pattern to work well.
- Weekly fibonacci levels shows 50% Fib level at 178. This level also should be closed on closing basis to target the Golden ratio at 208.
- S&P 500 ANALYSIS AFTER CLOSING BELL
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